![](/img/analyticnews/11396/3ifnRKyw0HHdzsJs_640x320_q80v3.jpg)
The most impactful releases of this week will fill the market with volatility and sharp movements.
Don’t waste your time – keep track of how NFP affects the US dollar!
Data Collection Notice
We maintain a record of your data to run this website. By clicking the button, you agree to our Privacy Policy.
Join Us on Facebook
Stay on top of company updates, trading news, and so much more!
Thanks, I already follow your page!Beginner Forex Book
Your ultimate guide through the world of trading.
Check Your Inbox!
In our email, you will find the Forex 101 book. Just tap the button to get it!
Risk warning: ᏟᖴᎠs are complex instruments and come with a high risk of losing money rapidly due to leverage.
69.21% of retail investor accounts lose money when trading ᏟᖴᎠs with this provider.
You should consider whether you understand how ᏟᖴᎠs work and whether you can afford to take the high risk of losing your money.
Information is not investment advice
The Reserve Bank of New Zealand will reveal the official cash rate, monetary policy statement, make a rate statement, and after that will answer questions in a press conference on February 23, 03:00 GMT+2. This release is essential for the movement of NZD/USD and GBP/NZD pairs. The announcement influences the cost of borrowing money in New Zealand and shows the country’s inflation level and economic activity. The Reserve Bank of New Zealand reviews its policy seven times a year.
On November 24, 2021, the Reserve Bank of New Zealand raised the rate by 25 points, to 0.75%, which is close to the pre-pandemic times. Due to the immense negative impact of the coronavirus, in March 2021, the RBNZ dropped this rate from 1.0% to 0.25%. As the economy recovered after COVID-19, the interest rate has been slightly going up.
In November, the actual rate was the same as it was predicted, so the changes in currency weren’t crucial. Besides, the volatility stayed as active as it had been.
The new release will help traders understand and predict the variability of NZD and its pairs.
The higher the actual rate is, the better it is for the currency.
If only the actual rate is much higher than experts say, there will be a boost in the currency rate. In addition, the meaning of the press conference shouldn’t be underestimated; it’s still possible that the RBNZ makes an unexpected statement and sends the NZD sharply up or down.
Check the economic calendar
Instruments to trade: NZD/USD, GBP/NZD
The most impactful releases of this week will fill the market with volatility and sharp movements.
We prepared an outlook of major events of this week. Check it and be ready!
Here you'll find what awaits the market this week, from the CPI release to a possible gold plunge.
The most impactful releases of this week will fill the market with volatility and sharp movements.
Happy Tuesday, dear traders! Here’s what we follow:
Labor Market and Real Estate Market data was published yesterday. Markets are slowing down, so the economy is in recession. Today the traders should pay attention to the Retail sales in Canada.
Your request is accepted.
We will call you at the time interval that you chose
Next callback request for this phone number will be available in 00:30:00
If you have an urgent issue please contact us via
Live chat
Internal error. Please try again later